Bruce K. Posey Sells 1,443 Shares of Qualys, Inc. (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) insider Bruce K. Posey sold 1,443 shares of Qualys stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $167.33, for a total value of $241,457.19. Following the sale, the insider now directly owns 62,614 shares of the company’s stock, valued at approximately $10,477,200.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Qualys Stock Down 1.4 %

Shares of QLYS stock opened at $169.74 on Friday. The business has a 50-day moving average price of $166.44 and a two-hundred day moving average price of $175.58. Qualys, Inc. has a 12-month low of $107.00 and a 12-month high of $206.35. The firm has a market cap of $6.28 billion, a P/E ratio of 42.60 and a beta of 0.51.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Wednesday, February 7th. The software maker reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.26. Qualys had a return on equity of 49.06% and a net margin of 27.34%. The firm had revenue of $144.57 million during the quarter, compared to analyst estimates of $144.69 million. As a group, research analysts expect that Qualys, Inc. will post 3.35 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on QLYS. Truist Financial lifted their price objective on Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a research note on Tuesday, January 16th. Stephens reissued an “equal weight” rating and set a $190.00 price objective on shares of Qualys in a research note on Thursday, February 8th. Wedbush dropped their price objective on Qualys from $230.00 to $210.00 and set an “outperform” rating for the company in a research note on Thursday, February 8th. JPMorgan Chase & Co. lifted their price objective on Qualys from $146.00 to $152.00 and gave the company an “underweight” rating in a research note on Thursday, February 8th. Finally, Royal Bank of Canada dropped their price objective on Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a research note on Thursday, February 8th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $153.23.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of QLYS. CWM LLC increased its holdings in shares of Qualys by 353.8% in the third quarter. CWM LLC now owns 422 shares of the software maker’s stock worth $64,000 after buying an additional 329 shares during the period. State of Alaska Department of Revenue increased its holdings in shares of Qualys by 4.8% in the third quarter. State of Alaska Department of Revenue now owns 4,362 shares of the software maker’s stock worth $665,000 after buying an additional 200 shares during the period. Park Place Capital Corp increased its holdings in shares of Qualys by 12.3% in the third quarter. Park Place Capital Corp now owns 733 shares of the software maker’s stock worth $112,000 after buying an additional 80 shares during the period. Boston Trust Walden Corp increased its holdings in shares of Qualys by 4.4% in the third quarter. Boston Trust Walden Corp now owns 794,790 shares of the software maker’s stock worth $121,245,000 after buying an additional 33,214 shares during the period. Finally, Caprock Group LLC increased its holdings in shares of Qualys by 4.3% in the third quarter. Caprock Group LLC now owns 3,674 shares of the software maker’s stock worth $560,000 after buying an additional 153 shares during the period. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Qualys Company Profile

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.